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Open Feature request MC-2798

Upgrade ELLIPSE drawing tool to something far more advanced

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Description

Currently, the Ellipse tool is virtually useless, as it has close to zero flexibility.
Here are the additional features I would like added please:

  1. The ability to ROTATE and/or set a particular angle or perhaps even some kind of Gann time/price ratio;
  2. The ability to set the WIDTH, relative to LENGTH.

If you do a Google search for "Ellipse Trading" and look at the images, you will instantly get a feel for the type of flexibility I am talking about.
Also here : https://sacredtraders.com/phi-ellipse/
They are discussed in more detail in the Robert Fischer book "Candlesticks, Fibonacci, and Chart Pattern Trading Tools" (I can provide if desired)

The general goal is to be able to envelope price action via an Ellipse that can be infinitely variable in size, shape, and slope.

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